Gold American Eagle Coins
All across the nation, you can find thousands of coin collectors who are obsessed with the attraction of Gold American Eagles offered by the United States Mint. While some simply collect them, others search them out because of their investment potential. These stunning coins became presented to the public starting back in 1986, after Congress approved a bill to have these gold bullion coins officially commissioned the year before.
If you're familiar with Gold Eagle Coins then the odds are that in all probability you already are informed of the knowledge that they can be a remarkable investment, especially with today's financial uncertainty. Not just for those who like to accumulate coins, but also for everyone who desires a part of history. For investors and collectors that wish to obtain gold bullion, the American Gold Eagle is a top quality method of adding real value to your collection. It's the authoritative gold bullion coin of the United States and is produced in four different coins that are offered for sale: the 1/10- oz, 1/4- oz, 1/2- oz, and the 1- oz versions. Each has a unique amount of gold weight and is accessible to the public to buy. Read more
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American Gold Eagles Rise As Investor Demand Grows
Gold climbed above $1,000 on Friday as investors have grown increasingly interested in gold bullion coins and gold mining stocks as an investment alternative to falling traditional stocks and an unstable real estate market, especially since this time last year. The price of the precious metal has nearly doubled in the past four years as investors seek to hedge their portfolios against inflation and other possible downturns in the usual longtime standards, mainly stocks and bonds.
As Federal regulations state that the raw gold used in American Gold Eagle Coins must be mined here in the United States, very few gold refineries qualify in meeting the standards required to officially produce the blanks needed for the coin minting process. These stringent regulations created a shortage of gold uncirculated and proof coins this past summer, fueling investor demand for gold bullion products even more this year.
The United States Mint has already sold over 750,000 American Gold Eagles so far this year, outpacing last years total numbers for the entire year. As final numbers begin to filter in at the start of 2010, sales of gold bullion coins should approach all-time record numbers, and with interest in gold bullion showing no signs of slowing down currently, many experts predict that next year will be an equally strong year in relation to physical gold as an investment option.
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Investing In American Gold Eagles
When considering investment opportunities, coin collectors tend to favor American Gold Eagles. Gold coins are guaranteed to hold their value because of the amount of gold that went into creating them, not to mention they are lovely to look at. The coin has a gorgeous illustration of Lady Liberty walking through rays of light with her torch held aloft in her hand. The inspiration for this particular image came from a gold coin that was minted between 1907 to 1933 and was created by Augustus Saint-Gauden. Gold coins are a far better investment than the gold market (which is based on gold bullion) because by weight, gold coins carry a higher value. The monetary system was based on a gold standard (which was based on bullion held) and it is due to this that investing in bullion gives some people a sense of financial stability.
Because of the economic downturn, investors are once again acquiring gold as an investment in various forms like gold bullion coins--which the American Gold Eagle is a type of. Amidst the financial panic, the demand for bullion has doubled since the last year as more individuals seek a secure form of investment. While the panic has receded a bit, people still do not trust the stock market and are wary of investing further in it, so have turned to gold as a safe way to invest in their future. Anxiety and worry are on the rise, however, because of the massive stimulus spending the Obama administration has put through.
Gold coin production has been increased by the federal agency in charge of making U.S. coins--the U.S. Mint. Gold coin production has been increased by the federal agency in charge of making U.S. coins--the U.S. Mint. In 2008, 800,000 American Eagle coins were sold--as of June, sales have already hit that point and have kept going. The U.S. Mint was forced to put some gold items on back order due to overwhelming demand that they could not keep up with. Because of the high demand (that is unprecedented) for the American Eagle Gold Bullion Coins, the United States Mint has temporarily suspended the production of uncirculated coins and United States Mint Eagle Gold Proof coins.
As of this moment, any gold blanks that are 22 karats have been earmarked for the American Eagle Gold Bullion Coin Program because the U.S. Mint must produce enough coins to satisfy public demand under Public Law 99-185. Once market demand has been met for the American Eagle Gold coins and inventories are built back up, the United States Mint will restart production of the Uncirculated Coins and the American Eagle Gold Proof. After careful consideration they have also decided to cease manufacturing smaller sized American Eagle Gold Uncirculated Coins.
As of this moment, the demand for gold products and investment opportunities is still very high. Interest in gold is predicted to remain strong throughout the year, in fact as of the first quarter it is 50% higher than it has ever been during this decade.
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Most Watched On eBay:
2006 American Eagle 1 10 oz First Strike Gold Coin
US $185.00
1909 $5 Half Eagle Indian Head Gold Coin
US $500.00
2000 W 4 coin set of Gold American Eagle PR69DCAM PCGS
US $3,595.00
